The private placement shares haven’t been registered and can’t be sold. The open market share offering closes tomorrow and have been priced in at this point.
“The common shares proposed to be issued in the concurrent private placement have not been registered under the Securities Act, or the securities laws of any state or other jurisdiction in the United States, and may not be offered, pledged, sold, delivered or otherwise transferred, directly or indirectly, in the United States except pursuant to registration under the Securities Act”
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